What's Happening?
Aamal Company has reported a significant increase in its net profit for the first nine months of 2025, reaching QR327.3 million, which marks an 8.2% rise compared to the same period in 2024. Despite a slight decline in total revenue by 2.1% to QR1,564.3
million, the company has managed to maintain strong performance across its diversified business segments. Aamal's CEO, Rashid bin Ali al-Mansoori, highlighted the company's resilience and agility in adapting to changing market conditions, attributing the success to its diversified business model. The industrial manufacturing segment, in particular, showed robust growth, supported by increased demand from the expansion of the North Field project. Additionally, the company has made strategic progress in its property segment, with City Center Doha maintaining high performance and the acquisition of Aamal Tower enhancing its property portfolio.
Why It's Important?
The reported increase in net profit underscores Aamal Company's ability to navigate economic challenges and capitalize on growth opportunities within Qatar's evolving market landscape. This performance is significant as it reflects the company's strategic focus on diversification and resilience, which are crucial for sustaining growth in a competitive environment. The industrial manufacturing segment's growth, driven by the North Field project, highlights the importance of infrastructure and energy projects in bolstering economic activity. Furthermore, the company's strategic moves in the property sector and its ability to secure major contracts in the oil and gas industry demonstrate its capacity to leverage market opportunities effectively.
What's Next?
Looking ahead, Aamal Company remains optimistic about Qatar's economic outlook and is poised to pursue new opportunities that promise long-term value creation for stakeholders. The company plans to build on its current momentum by continuing to diversify its operations and strengthen its presence in key sectors. With a positive economic forecast for Qatar and stable investor confidence, Aamal is well-positioned to sustain its growth trajectory. The company's leadership has expressed confidence in navigating future market challenges and delivering further value to stakeholders.
